BEXIMCO
Beximco workers block Dhaka-Tangail highway for arrears
The authorities have promised to clear the dues by November. But the workers have not agreed to wait till then
SC stays order to appoint receiver for Beximco pharma
The Appellate Division of the Supreme Court yesterday stayed a part of the High Court order that instructed Bangladesh Bank to appoint a receiver to manage Beximco Pharmaceuticals Limited.
Stocks fall on poor performance of large companies
Indexes of the stock market in Bangladesh declined yesterday on rising the day before, largely due to the poor performance of Islami Bank Bangladesh along with the large-cap and blue-chip shares amid sales pressures..Large-cap refers to shares which account for large amounts in market capi
Custodian to manage Beximco assets
The Bangladesh Bank (BB) took three major decisions yesterday, including the appointment of a custodian, officially termed as a receiver, at troubled Beximco Group in order to prevent its fall and protect the interests of investors, employees and lenders.
7 corporate giants barred from share transfer
In a bid to ensure tax compliance, the government has blocked the transfer of shares of seven corporate giants that thrived under the Awami League government.
NBR blocks share transfers by seven corporate giants
The NBR instructed the RJSC to immediately block any sales or transfers of shares, whether through donations or otherwise
Beximco seeks extension of loan tenure by 10 years
Beximco has sought support from the government to extend the repayment period of its liabilities to Janata Bank over the next 10 years, including a two-year moratorium.
Beximco laundered $135 million: CID
Beximco Group laundered at least $135 million by exporting goods through 18 companies without repatriation of the export value, said the Criminal Investigation Department (CID) yesterday.
Beximco Pharma’s Q3 profits soar 51%
Beximco Pharmaceuticals’ profits in the January-March period of fiscal year (FY) 2023-24 grew by 51 percent from that in the same period of the previous fiscal year, owing to higher sales and efficient cost management.
Beximco gets directorship on Bangladesh Shipping Corp board
The Bangladesh Shipping Corporation (BSC) has appointed a board member nominated by Bangladesh Export Import Company Limited (Beximco).
Renata’s Rajendrapur facility wins US FDA approval
Drug maker Renata Ltd has secured approval from the US Food and Drug Administration (USFDA) for its general facility in Rajendrapur.
Beximco raises 32.5m euros from Dutch bank
Beximco Ltd has raised 32.5 million euros from Dutch financial institution ING Bank in order to expand its knit fabric facility, said a press release today.
Bangladesh’s first ever green sukuk brought in by Beximco gets nod
Bangladesh’s first ever green sukuk brought in by Beximco gets go-ahead from the stock market regulator today.
TIB urges BB not to allow Beximco for rescheduling loan
The Transparency International Bangladesh (TIB) has called upon Bangladesh Bank to refrain from a self-defeating move that would grant a top-ranking defaulter for rescheduling Tk 430cr loan.
BB caves in to Beximco again
Beximco Ltd got its way, yet again. The central bank went out of its way to accept Beximco’s request for rescheduling demand loan of Tk 430.05 crore, and in so doing, created a moral hazard for the banking sector.
YELLOW and BUFT Fashion Fest 2019
YELLOW by BEXIMCO and BGMEA University of Fashion & Technology (BUFT) organised 'Fashion Fest 2019' at BUFT's permanent campus in Ashulia on 20 March, 2019.